REGISTERED NUMBER: 04053855 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Metainy Air Conditioning Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G C Earl

M J Baker

SECRETARY:

G C Earl

REGISTERED OFFICE:

Unit 19

Woodlands Business Park

Woodlands Park Avenue

Maidenhead

Berkshire

SL6 3UA

REGISTERED NUMBER:

04053855 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

47,290

73,670

CURRENT ASSETS

Debtors

5

905,028

821,459

Cash at bank and in hand

254,140

301,330

1,159,168

1,122,789

CREDITORS

Amounts falling due within one year

6

543,444

703,045

NET CURRENT ASSETS

615,724

419,744

TOTAL ASSETS LESS CURRENT LIABILITIES

663,014

493,414

CREDITORS

Amounts falling due after more than one year

7

-

(12,500

)

PROVISIONS FOR LIABILITIES

8

(380,898

)

(355,592

)

NET ASSETS

282,116

125,322

CAPITAL AND RESERVES

Called up share capital

9

48

48

Capital redemption reserve

10

24

24

Retained earnings

10

282,044

125,250

SHAREHOLDERS' FUNDS

282,116

125,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

G C Earl - Director

M J Baker - Director

1.	STATUTORY INFORMATION

Metainy Air Conditioning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and is recognised as air conditioning installation and maintenance services are provided.

It includes the relevant amount in respect of long term contracts which is appropriate to the stage of completion of each contract at the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

in accordance with the lease term

Office equipment

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

50% on cost and 25% on cost

Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Stock and long term contract balances

Stock excluding long term contract balances are included in the accounts at the lower of cost and net realisable value.

Long term contract balances classified under the balance sheet heading of stocks are stated at total costs incurred, net of amounts transferred to the profit and loss account in respect of work carried out to date, less foreseeable losses and applicable payments on account. Cumulative turnover representing the amount earned in respect of each long term contract up to the balance sheet date is compared with total payments on account for each contract. Where turnover exceeds payments on account the amount is disclosed as "amounts recoverable on contracts" within debtors. Where payments on account exceed the turnover, the amount is disclosed as "payments on account" within creditors.

Where long term contracts are included within turnover, associated costs in respect of work carried out to date are included in either trade creditors, or accrued expenses where such costs have not been invoiced prior to the end of the period.

Warranty provisions

The company provides a guarantee on the goods and services it supplies for between 12 months and 7 years following completion of work. Provision is made for the possible additional costs of rectification work at a rate up to 3.75% of the value of turnover in respect of completed work at the balance sheet date and is charged to costs of sales in the profit and loss account.The amounts are reviewed and reduced as time elapses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Office

and

Motor

property

equipment

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

58,441

56,053

3,484

186,697

304,675

DEPRECIATION

At 1 April 2024

58,441

51,408

3,484

117,672

231,005

Charge for year

-

752

-

25,628

26,380

At 31 March 2025

58,441

52,160

3,484

143,300

257,385

NET BOOK VALUE

At 31 March 2025

-

3,893

-

43,397

47,290

At 31 March 2024

-

4,645

-

69,025

73,670

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

659,572

649,482

Amounts recoverable on contract

213,247

119,271

Other debtors

1,045

1,045

Prepayments and accrued income

31,164

51,661

905,028

821,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

10,000

Trade creditors

172,774

237,301

Corporation tax

200,165

131,638

Social security and other taxes

17,102

19,228

VAT

50,455

79,198

Other creditors

24,378

26,320

Accruals and deferred income

78,570

199,360

543,444

703,045

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

12,500

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

2,365

7,773

Warranty provision

378,533

347,819

380,898

355,592

Deferred

tax

£

Balance at 1 April 2024

7,773

Provided during year

(5,408

)

Balance at 31 March 2025

2,365

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

48

Ordinary

£1

48

48

10.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

125,250

24

125,274

Profit for the year

555,242

555,242

Dividends

(398,448

)

(398,448

)

At 31 March 2025

282,044

24

282,068